Which is your 1st choice in Lifts?
KLEEMANN is a Greek multinational Company, operating in the fields of manufacturing & trading of Complete Lift Systems & ranking among the largest companies in the global market Worldwide presence Subsidiaries and Sales Offices in 13 countries Greece Turkey Serbia Romania China UK Russia Poland Dubai Germany Saudi Arabia France Azerbaijan Extroversion Sales to 98 countries globally Workforce More than 1.000 people worldwide
Milestones 1983: Contract for Know-How transfer from the German company KLEEMANN HUBTECHNIK GmbH and Establishment of KLEEMANN HELLAS SA 1985: Completion of manufacturing plants in the Industrial Area of Kilkis 1986: Beginning of manufacturing activity 1999: Initial public offering of KLEEMANN shares at the Athens Stock Exchange. 1999: Establishment of KLEFER SA in the Industrial Area of Kilkis 2000: Establishment of KLEEMANN ASANSÖR in Istanbul 2001: Start up of the new electronics facilities 2002: Start up of the new cabins and traction lifts facilities 2004: Start up of the new Logistics center in Athens 2005: Establishment of KLEEMANN LIFTOVI in Serbia Montenegro 2006: Establishment of KLEEMANN Lift Ro in Romania 2010: The new KLEEMANN Test Tower construction is completed 2011: Establishment of KLEEMANN China (Demenxun) in Kunshan 2012: Beginning of operation of KLEEMANN Lifts UK in Oxford 2013: Beginning of operation of KLEEMANN Lifts Russia in Moscow
KLEEMANN Subsidiaries
Manufacturing Facilities Units Greece China Serbia
Vision KLEEMANN s vision is to be globally: YOUR 1 ST CHOICE IN LIFTS VALUES Health & Safety Integrity Love for People and our work Progress & Innovation STRATEGIC OBJECTIVES Quality Excellent Customer Service Continuous Growth Resource Economy
Our Products Superior quality / Innovative Products / Customised Solutions Widest Product Range Our Services - fast and flexible Fast Presales support (offers) Premium After sales support (24hour technical support hotline, express part delivery, on-site support) Technical training
KLEEMANN SOLUTIONS Complete Lift Systems Hydraulic & Traction Lifts with Machine Room Hydraulic & Traction Lifts Machine Roomless - MRL Residential lifts Earthquake & Vandal resistant lifts Firefighting lifts Goods - Passengers Lifts Car Lifts Bed Lifts Maximum Surface Lifts Dumbwaiters
KLEEMANN SOLUTIONS Lift Assemblies Cabins, Doors, Electronics Hydraulic & Traction Elevation Systems Shaft Steel Structures Spare parts Renovation lifts Escalators & Moving Walks Car Parking / Lifting Systems Stair Lifts
KLEEMANN SERVICES Advisory center for modernizations Configuration program for chambers design "Design your Lift" Lift Tester app for iphones "check the speed, noise and performance of your elevator" Full Online Support "Kleemann Partners Educational seminars for customers
KLEEMANN IN THE WORLD
KLEEMANN GROUP SALES IN m. 140 120 100 80 60 40 20 0 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 GROUP SALES IN GREECE GLOBAL SALES
KLEEMANN TESTING TOWER
KLEEMANN PROJECTS MARY ROSE MUSEUM Portsmouth, UK
KLEEMANN PROJECTS SHOW ROOM FERRARI - MASERATI Sidney, Australia
KLEEMANN PROJECTS INTERNATIONAL AIRPORT Riga, Latvia
KLEEMANN PROJECTS AMERICAN EXPRESS STADIUM 8 Atlas Traction MRL Lifts, 1 FlexyLift Hydraulic MRL Lift UK, Brighton
KLEEMANN PROJECTS AVIVA STADIUM 18 vandal resistant lifts, 51.700 spectators Dublin, Ireland OBEL 85m height building, 3 Blocks Belfast, Ireland
KLEEMANN PROJECTS 420 OLYMPIC GAMES PROJECTS Athens, Greece
KLEEMANN PROJECTS KREMLIN 17 tons rated load, 4.7m cabin height Moscow, Russia OFFICE BUILDING Rostov, Russia
KLEEMANN PROJECTS OFFICE BUILDING Moscow, Russia SHOPPING MALL T4 Saint Petersburg, Russia
KLEEMANN PROJECTS TEMPELHOFER SHOPPING CENTRE* Berlin, Germany EGER KARL JOHAN SHOPPING CENTRE Oslo, Norway
KLEEMANN PROJECTS ART MUSEUM 10.000kg Hydraulic Lift Talin, Estonia STATE INSURANCE BUILDING Belgrade, Serbia
KLEEMANN PROJECTS XISHAN MEI VILLAS Beijing, China EL-KUREIMAT POWER PLANT 4 Earthquake Resistant Lifts Egypt
KLEEMANN PROJECTS MUSEUM RETRO Car Lift Russia CLUB VOGUE Escalators Thessaloniki, Greece
KLEEMANN AWARDS Best Workplace True Leaders Health & Safety 1st Industrial Exporting Company Award GREEK EXPORTS AWARDS 2014 1st Listed Exporting Company Award GREEK EXPORTS AWARDS 2014
COMPETITIVE ADVANTAGES KNOW HOW The Group has the available know how in order to develop innovative and differentiated products, based on 20-year presence in the international market Long lasting relationships with customers More than 1.000 employees Human oriented culture Development by the R&D of new products that incorporate high technology and Appeal to the latest market trends (21 applications for patents).
COMPETITIVE ADVANTAGES KLEEMANN DESIGN Innovation in Design Not only is the new shape and new design. Above all is the completely different feeling... Andreas Zapatinas Andreas Zapatinas is the creator of the series "KLEEMANN Design". He is known worldwide for designing various models of BMW, of Alfa Romeo and Fiat.
COMPARATIVE ADVANTAGES - TECHNOLOGY 8.000 6.000 5.845 TOTAL INVESTMENTS (in thous ) 7.000 5.258 4.000 2.000 2.828 1.798 1.667 3.739 2.973 3.217 3.030 3.737 2.112 1.119 790 3.356 0 Based on investment of the last fourteen years of 48,5 m, the group is a capital intensive industry and is among the most modern technologically in Europe. Based on investment in equipment, the strategy relied on the pillars of quality, innovation, speed and flexibility.
COMPETITIVE ADVANTAGES COMPLETE ELEVATOR SYSTEM Being the leader in the Greek market, the Group has the ability to offer complete elevator system solutions. These solutions assure: Compatibility of materials Complete safety both for maintenance and end users Satisfaction of specialized customer needs (e.g. renovation) Complete and continuous sales technical support
CONSOLIDATED ANNUAL FINANCIAL RESULTS IN 000 31/12/12 % 31/12/13 % 31/12/14 % %Δ 13/12 %Δ 14/13 TURNOVER 92.344 100,0 94.825 100,0 97.964 100,0 2,7 3,3 COST OF GOODS SOLD 63.718 69,0 62.241 65,6 63.721 65,0-2,3 2,4 GROSS MARGIN 28.626 31,0 32.584 34,4 34.243 35,0 13,8 5,1 OPERATIONAL COSTS (SELLING-ADMINISTRATIVE EXPENSES- R&D+OTHER INCOME) 25.282 27,4 25.929 27,3 27.081 27,6 2,6 4,4 EBIT 3.344 3,6 6.655 7,0 7.162 7,3 99,0 7,6 FINANCIAL INCOME/EXPENSES 828 0,9 1.084 1,1 825 0,8 30,9-23,9 PROFIT BEFORE TAX 2.515 2,7 5.571 5,9 6.336 6,5 121,5 13,7 INCOME TAX 1.075 1,2 3.537 3,7 1.759 1,8 229,1-50,3 PROFIT AFTER TAX 1.441 1,6 2.034 2,1 4.578 4,7 41,2 125,1 PARENT COMPANY RIGHTS -78-0,1 884 0,9 3.688 3,8-1.227,8 317,1 MINORITY RIGHTS 1.519 1,6 1.149 1,2 889 0,9-24,3-22,6 EBITDA 5.695 6,2 8.987 9,5 9.519 9,7 57,8 5,9
BASIC CONSOLIDATED FINANCIAL FIGURES IN 000 31/12/11 31/12/12 31/12/13 31/12/14 TOTAL EQUITY CAPITAL 89.829 91.246 91.563 90.030 EQUITY ATTRIBUTABLE TO EQUITY HOLDERS OF THE PARENT COMPANY 80.045 80.633 80.362 81.212 LONG TERM BANK LOANS 9.200 7.300 13.217 9.129 SHORT TERM BANK LOANS 23.100 20.681 8.136 8.091 NET BANK LOANS 13.362 2.713 OTHER LONG TERM DEBTS 4.883 3.494 3.412 3.939 OTHER SHORT TERM DEBTS 18.128 19.867 20.215 20.732 CURRENT ASSETS 95.344 95.859 94.142 90.099 TRADE WORKING CAPITAL 77.216 75.992 73.926 69.367 NET CASH FLOWS FROM OPERATING ACTIVITIES 7.009 11.768 8.464 14.638 INVESTMENTS 2.056 596 753 3.271 LIQUIDITY RATIO 2,28 2,29 3,13 2,93 AVERAGE CASH COLLECTION (DAYS) 215 187 162 129 RETURN ON ASSETS (A.T.) 0,05% -0,05% 0,64% 2,75% EQUITY DEBT RATIO 1,61 1,73 1,96 2,05 BANK DEBTS TO OWNERS EQUITY 0,40 0,35 0,27 0,21 NET DEBT / EBITDA 2,21 0,48-0,56-1,07 RETURN ON CAPITAL EMPLOYED (ROCE) 2,85% 2,65% 5,56% 6,22% RETURN ON OWNER'S EQUITY (Α.Τ.) (ROE) 0,09% -0,10% 1,10% 4,54%
STOCK DATA 2008 2009 2010 2011 2012 2013 2014 AVERAGE CAPITALIZATION IN THOUS 44.460 54.392 27.432 18.872 36.419 47.770 30.270 WEIGHTED AVERAGE NUMBER OF SHARES IN THOUS 23.649 23.649 23.649 23.649 23.649 23.649 23.649 AVERAGE DAILY TRADING VOLUME IN THOUS 6,2 14,3 6,5 4,4 4,5 10,6 9,3 DAILY TRADING VOLUME PERCENTAGE 0,03% 0,06% 0,03% 0,02% 0,02% 0,04% 0,04% CLOSING PRICE OF THE PERIOD ΙΝ 1,88 2,30 1,16 0,80 1,54 2,02 1,28 AVERAGE SHARE PRICE OF THE PERIOD 3,28 2,02 1,73 1,09 0,83 1,66 2,06 DIVIDEND / CAPITAL DECREASE PER SHARE 0,12 0,12 0,05 0,00 0,00 0,11 0,17 DIVIDEND YIELD 6,38% 5,22% 4,31% 0,00% 0,00% 5,45% 13,28% AFTER TAX AND MINORITY RIGHTS PROFITS PER SHARE 0,44 0,22 0,10 0,00 0,00 0,04 0,16 P/E (AFTER TAX) 4,31 10,57 12,08 257,68-464,44 54,02 8,21 PRICE TO BOOK VALUE P/BV 0,55 0,65 0,33 0,24 0,45 0,59 0,37 MARKET CAPITALIZATION / SALES 0,38 0,57 0,30 0,21 0,39 0,50 0,31
STOCK GRAPH Free float 32.89%
CORPORATE GOVERNANCE Board of Directors Composition Seven members Two independent non-executive members One non-executive member Group Internal Audit Audit Committee (3 members) Nomination and Remuneration Committee (3 members)
INVESTOR RELATIONS Investor Relations Officer Corporate Web page : Dimitris Apostolas : www.kleemannlifts.com E-mail : invrel@kleemann.gr Address : Kilkis Ind. Area, Greece, P.O. 25, P.C. 61100 Telephone : +30 23410 38100 Fax : +30 23410 38209 Stock symbol Category Sector - Subsector Index Participation : Reuters KLEr.AT, Χ.Α. ΚΛΕΜ : Main Market : Ind. Goods & Services Ind. Machinery : DBP, GD, FTSEGTI, SAGD, FTSEGT, FTSEA
More information at www.kleemannlifts.com